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Sunday, August 13, 2017

Sony wants to digitize education records using the blockchain

Sony said today that it has finished developing a digital system for storing and managing educational records on the blockchain. The Japanese firm is now looking to commercialize the product, in partnership with selected educational institutions, next year.

The idea — which was first announced 18 months ago — is to make use of the blockchain as a centralized ledger for storing educational information, such as degrees, diplomas, tests and more, as a kind of ‘digital transcript.’ Sony said the system has been developed to prevent fraud, while providing access to third-parties for job interviews and assessment among other purposes.

The idea is to improve on current practice of storing candidate education histories within individual schools and institutions themselves, which requires records to be shared over email or by a physical copy. It believes that there’s a modern alternative. Sony’s blockchain-based system instead allows data from various institutions to mix together, making it more convenient and easier to share or track a person’s ‘live’ resume.

For example, securing partnerships with universities and high schools would mean candidates school and graduation records are baked into their profile and accessible to third parties, such as when applying for jobs or further education. Then there is the potential to add bespoke testing and other information.

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